Broad & Cassel
Represents Commodore In
Cruise Ship Acquisition

The law firm Broad and Cassel acted as legal counsel to Commodore Holdings Ltd., a Bermuda corporation, in connection with the acquisition of certain of the assets of Commodore Cruise Line from EffJohn International, B.V. The acquisition closed in London on July 14, 1995. Commodore Holdings Ltd. acquired the assets, including two cruise ships, the Enchanted Seas and the Enchanted Isle. Partners, James S. Cassel and Alan S. Lederman, and senior associate, Kathleen L. Deutsch, of the firm's Miami office corporate and securities group, handled the matter on behalf of Jeffrey I. Binder, the chairman of Commodore Holdings Ltd. They were assisted by Commodore's London counsel, Tim Walker, Lisa Nunn and Chris Aujard of Norton Rose; Bermuda counsel, A. Robert Miller and Helen Forrest of Richards, Francis & Francis and Panamanian counsel, Dr. Alfonso Arias of Galindo, Arias & Lopez. An affiliate of EffJohn provided a portion of the funding for the acquisition through a loan to Commodore Holdings. EffJohn's principal lender, Merita Bank, formerly known as Union Bank of Finland, approved such financing. EffJohn International, B.V. was represented by Finnish counsel, Neptun Juridica, Thomas Forss, partner.

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